Advertisement     In a November 14, 2022, media release update on FTX, the Securities Commission of The Bahamas (SCB) confirmed that it had applied to the Supreme Cour...
Tag: FTX
FTX Issues Caused Crypto to Fall Again
In mid-November of this year, the crypto arena was given another massive blow to its ego, and the prices of many mainstream assets fell further. Crypto Prices Just Keep Drooping Overall, it’s believed...
FBI Plans To Extradite FTX SBF As Contagion Spills To Genesis?
As Daily Mail reports, FTX’s former CEO Sam Bankman-Fried could be facing extradition. After more and more shocking details about FTX, Alameda and their leaders came to light in recent days, Bankman-F...
FTX Australia’s license suspended as 30K Aussies left in the lurch
Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian comp...
Genesis Halts Crypto Lending, Blames ‘FTX Implosion’
The lending division of cryptocurrency asset manager Genesis moved Wednesday morning in New York to put a halt to customer redemptions and new loan originations. The decision stemmed from the building...
Solana Foundation Details FTX, SBF Financial Ties as SOL Struggles
In brief The Solana Foundation today shared the extent of its financial ties to FTX and Alameda Research. SOL has lost more than half of its value since FTX revealed its liquidity crunch last Tuesday....
FTX Crash Not Important for a Bitcoin ETF (Exclusive)
The past couple of weeks has shaken the cryptocurrency industry to its core. FTX filed for bankruptcy after a massive liquidity crunch and an inability to honor their customers’ withdrawal requests. W...
Bitcoin, FTX, and impact of the exchange’s collapse on BTC HODLer conviction
Bitcoin’s price was gravely impacted by the failure of FTX. On-chain metrics suggested a shift in HODLer’s behavior. The sudden collapse of Sam Bankman-Fried’s crypto empire left the general cryptocur...
Ethereum (ETH) Could See Huge Selling if FTX Hacker Dumps
The scars of the FTX collapse last week still continue to exist in the crypto market. The FTX hacker, who reportedly stole $600 million worth of assets from the exchange, has been selling all other st...
Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse – Exchanges Bitcoin News
The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United ...
‘Rich Dad’ R. Kiyosaki calls FTX founder Bankman-Fried the ‘Bernie Madoff of crypto’
In light of the recent incident surrounding FTX, lawmakers from both parties are making a symbolic decision to return campaign donations from the cryptocurrency exchange’s senior executives. Robert Ki...
Paradigm co-founder feels ‘deep regret’ investing in SBF and FTX
The co-founder of asset management firm Paradigm says they feel “deep regret” for having invested in FTX amid recent revelations involving FTX, Alameda Research and Sam Bankman-Fried. In a Twitter po...
BlockFi Reportedly Planning to File Bankruptcy Post FTX Fall
3 hours ago | 2 mins read Defi News The cryptocurrency lender has revealed that it has substantial exposure to FTX. FTX bought BlockFi in July, when the crypto lending platform was struggling. The FTX...
Kevin O’Leary would back Sam Bankman-Fried again if he had a new venture
Shark Tank’s Kevin O’Leary said he would back former FTX CEO Sam Bankman-Fried again if he had a new venture. This comes despite FTX’s collapse that left potentially more than a million creditors in t...
FTX’s Bahamas unit files for Chapter 15 bankruptcy protection
FTX Digital Markets, the Bahamas-based subsidiary of collapsed crypto exchange FTX, filed for Chapter 15 bankruptcy protection on Tuesday in the Southern District Court of New York. The filing c...
Jump Crypto ties to FTX and Solana put Robinhood users at risk
Investors in the investing app Robinhood fear that contagion from FTX could affect their trades being processed by Jump Crypto. The link between Robinhood, Jump, and FTX is direct: Sam Bankman-Fried (...
Visa Stock Price Prediction: VISA Winds up Global Credit Agreement with FTX, Still Asset Looks Good for Investment
Visa stock price struggles at its 200-day moving average amid a sustained rally. Buyers have hardly kept prices above $200 for the past three days. In the letter dated November 14, Visa stock price c...
Crypto Lenders Keep Pausing Withdrawals Citing FTX Exposure
An investment firm run by bitcoin backer Simon Dixon has canceled plans to acquire embattled crypto lender SALT, which has suspended withdrawals over exposure to FTX. Dixon’s investment unit BnkToTheF...
FTX loses its license in Australia until May 2023
In light of FTX’s disclosure of its liquidity crisis, the business has no room to recover as it continues to suffer reputational damage around the world. As a result of a recent turn of events, the Au...
FTX drainer sells more BNB, now 34th largest holder of ETH
A crypto wallet connected to the suspected drain of FTX accounts swapped a total of 34,000 BNB for 4,500 ether (ETH) and three million Binance USD (BUSD) this morning. It is now the 34th largest holde...
Messari estimates up to 50% of FTX user funds recoverable
FTX filed for Chapter 11 bankruptcy on Nov. 11 following days of intense speculation over the company’s financial health. Over this period, numerous allegations emerged that suggested FTX’s top brass ...
Ikigai hedge fund hit hard by FTX collapse – crypto.news
A prominent hedge fund, Ikigai Fund, becomes the latest company to reveal its exposure to Sam Bankman-Fried’srecently dissolved crypto exchange, FTX. Chief Investment Officer Travis Kling disclosed th...
Decentralized Platform & DeFi is Formost-The Lesson Learnt After the SBF’s FTX Collapse
As the centralized crypto exchanges fume, the decentralized, DeFi protocols are gaining huge popularity. Data front the popular analytic platform Nansen suggests a huge jump in the DeFi protocols in t...
FTX bankruptcy freezes millions worth of crypto company funds
The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry, with multiple crypto-focused companies reporting significant amounts of their capital...
DeFi protocol Oxygen held 95% of supply on FTX
Solana-based decentralized prime brokerage platform Oxygen Protocol revealed on Nov. 15 that 95% of its MAPS and OXY tokens supply were held on bankrupt crypto exchange FTX. 1/ The MAPS and Oxygen tea...
Could The Gate.io Exchange Become The Next FTX?
Centralized crypto exchanges have been thrown into the spotlight in the wake of the FTX fallout. Gate.io is one of those currently facing scrutiny from analysts and crypto sleuths. Hong Kong-based Gat...
Liquid Global Halts Withdrawals As FTX Collapse Impacts Markets
FTX-owned crypto exchange Liquid Global has announced that it is suspending all crypto and fiat withdrawals as the FTX collapse continues to affect the markets. FTX acquired the Japan-based crypto tr...
bitFlyer CEO Expects FTX Contagion to Spread Across Other Firms
The shock waves of the FTX collapse have spread across the entire crypto industry. As the second-largest crypto exchange collapsed, more than $200 billion were eroded from the crypto space in a week’s...
Will SBF face consequences for mismanaging FTX? Don’t count on it
Will former FTX CEO Sam Bankman-Fried be held accountable for his mismanagement of investor funds? After most of the entities tied to his cryptocurrency exchange became insolvent last week, blockchain...